The United States Department of Justice and the Commodity Futures Trading Commission have opened a joint criminal investigation into price manipulation of bitcoin and other cryptocurrencies, according to a report. The illicit tactics reportedly being investigated include spoofing and wash trading. Bitcoin’s share prices have been fluctuating wildly over the past year, ranging from $1,800 to almost $20,000, leading to rumors of price manipulation. News of the joint DoJ-CFTC probe pushed bitcoin’s share prices to a six-week low.
Excellent subject to follow. Caution to prospective buyers and something the US Gov't is powerful enough to investigate for the People. Keep it up with original story content on this volatile subject.
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Feds Open Probe Into Bitcoin Price Manipulation: Report
Posted by: Richard Adhikari May 25, 2018 07:00 AMThe United States Department of Justice and the Commodity Futures Trading Commission have opened a joint criminal investigation into price manipulation of bitcoin and other cryptocurrencies, according to a report. The illicit tactics reportedly being investigated include spoofing and wash trading. Bitcoin’s share prices have been fluctuating wildly over the past year, ranging from $1,800 to almost $20,000, leading to rumors of price manipulation. News of the joint DoJ-CFTC probe pushed bitcoin’s share prices to a six-week low.
Thank you.